Price of Blue Swimming Crab Increased by 5% From January 2023 in Indonesia

The blue swimming crab producers in Lampung and Sulawesi, Indonesia started to raise the selling price by around 5% as of January 2023 due to the seasonal decline in supply and an increase in the price of fresh or frozen crab from fishermen. However, producers are still holding back imports of frozen cooked crab because the price difference with imported raw materials is not significant enough to justify the hassles of the import procedures for this commodity. While several producers have started to prepare to apply for import permits to anticipate falling supply and high prices from the local supply in April and May 2023.